Pay attention to this part:
"Are you really intending on letting Delta write off every single currency debacle, fuel hedging loss, and Beanie Baby gamble going forward in clear violation of the contract? How can you say with a straight face you left Profit Sharing untouched? The company is apparently going to be given the green light to bulldoze as much money as they care to out of the pool destined to the pilots. The bean counters are only limited by their creativity, deceitfulness and greed. None of those three are apparently in short supply at Fort Widget."
Remember management's counter offer, where they wanted to take their bonuses out of the PTIX calculation?
This TA does just about the same thing, allows them to change the way they calculate PTIX, which of course affects our PS calculation, in the downward direction.
Now look at the changes to the JV scope, another downward direction for our share of International flying.
This is shaping up to be another Cost Neutral TA where we pay for the 18% with concessions everywhere else!